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Shopping Neighborhood

Rogers Street Strip Center

1151 S Rogers St, Clarksville, AR 72830

Listing Price: $837,000

Cap Rate
7.34%
Gross SF
7,400
Rentable SF
7,400
Price/Gross SF
$113.11
Lot Size
1.64 acres
Year Built
2015

Investment Overview

Marcus & Millichap is pleased to present the Rogers Street Strip Center in Clarksville, AR

Investment Highlights

  • 7,400-Square Foot Two Tenant Strip Center | 2015 Renovation
  • Anytime Guaranteed by Largest Network of Gyms in Anytime Fitness Franchisee System
  • Minimum Landlord Responsibilities | 2015 Renovation
  • Low Rent ($10/SF) | NNN Lease | 1,200 SF of Vacancy Upside
  • Six Percent Rent Bumps Every Three Years | Could Age Well With Inflation
  • Situated Along Dominant Retail Thoroughfare | Near Atwoods, DG Market, Hibbett Sports
  • Nearly 18 Percent Population Growth, 57 Median Household Income Growth Since 2000

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Shopping Neighborhood

Rogers Street Strip Center

Listing Price: $837,000

Cap Rate
7.34%
Gross SF
7,400
Rentable SF
7,400
Price/Gross SF
$113.11
Lot Size
1.64 acres
Year Built
2015

Investment Highlights

  • 7,400-Square Foot Two Tenant Strip Center | 2015 Renovation
  • Anytime Guaranteed by Largest Network of Gyms in Anytime Fitness Franchisee System
  • Minimum Landlord Responsibilities | 2015 Renovation
  • Low Rent ($10/SF) | NNN Lease | 1,200 SF of Vacancy Upside
  • Six Percent Rent Bumps Every Three Years | Could Age Well With Inflation
  • Situated Along Dominant Retail Thoroughfare | Near Atwoods, DG Market, Hibbett Sports
  • Nearly 18 Percent Population Growth, 57 Median Household Income Growth Since 2000

Investment Overview

Marcus & Millichap is pleased to present the Rogers Street Strip Center in Clarksville, AR

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

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